Tax & Accounting Blog
Tax & Accounting Blog
The FASB improves convertible instruments and contracts in an entity’s own equity. The FASB improves convertible instruments and contract in an entity’s own equity by…
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The IASB defers the effective date of Classification of Liabilities as Current or Non-current by one year, which amends IAS 1 Presentation of Financial Statements. Classification of…
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FASB approves new standards and a proposes effective date delay. The two upcoming Accounting Standards Updates (ASUs) are: one that improves financial reporting associated with…
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The FASB issues an Accounting Standards Update (ASU) that offers limited effective date delays on revenue recognition and leases standards. It grants a one-year effective…
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IASB Proposes Deferring IAS 1 Amendments’ Effective Date due to COVID-19. The IASB is proposing to defer by one year the effective date of Classification of…
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The FASB has issued Staff Q&A (question-and-answer document) that responds to frequently asked questions about the disruptive effects of COVID-19 on cash flow hedge accounting.…
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The FASB issues a proposed Accounting Standards Update (ASU) that grants a one-year effective date delay for certain stakeholders applying the leases and revenue recognition…
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The FASB issues Staff Q&A document addressing stakeholder questions on the application of the lease accounting guidance for lease concessions. The Staff Q&A is related to the…
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The FASB held a public meeting to approve measures intended to provide stakeholders with accounting relief and clarity during the COVID-19 crisis. When the FASB held a…
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The IASB has completed its discussions on the amendments to IFRS 17 Insurance Contracts that were proposed for public consultation in June 2019 including its…
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